Americans will spend 6.9 billion hours complying with IRS tax filing and reporting requirements in 2026, costing about $387 ...

Barrel tax complexity: six states define barrels of oil or beer at non-standard volumes, adding compliance costs for ...

Beer Taxes by State, 2026 In the United States, taxes are the single most expensive ingredient in beer. The tax burden accounts for more of the final price of beer than labor and materials ...

The European Union’s revised Tobacco Excise Directive (TED) is the latest proposal from Brussels that raises questions about ...

Expensing for capital investment is not a special tax break. Expensing aligns the timing of tax deductions with the timing of actual capital expenditures so that the tax code does not discourage ...

As the EU economy continues to recover from the energy price shock caused by Russia’s invasion of Ukraine, renewed tensions in the Middle East are once again constraining oil and gas supplies and ...

Economists and journalists have been pointing to a labor share of income series from the Bureau of Labor Statistics (BLS) as evidence that capital is taking an ever-increasing slice of the economic ...

Rising federal government debt and deficits mean that policymakers may increasingly turn to the tax code for additional revenue. Tax Foundation’s new resource, Options for Reforming America’s Tax Code ...

Ten years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the “Better Way” TaxA tax is a mandatory payment or charge collected by local, state, and national governments ...